Brokers Agree Market Is Soft, But Is Discipline Gone?

Two major reinsurance brokerages reported falling prices in the reinsurance market and expectations the reductions will continue into 2008. One firm found underwriters are beginning to abandon underwr

By Mark E. Ruquet|January 02, 2008 at 09:16 AM

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Two major reinsurance brokerages reported falling prices in the reinsurance market and expectations the reductions will continue into 2008. One firm found underwriters are beginning to abandon underwriting discipline in pursuit of market share.